Shailendra Singh

Joel Neoh has a deliberate and clear strategy in raising funding for his health and fitness startup KFit, designed to ensure he gives out as little equity as possible for the money he needs to raise to build an Asian-wide business. Karamjit Singh has the story.

Regional fitness-sharing platform KFit, founded by entrepreneur and former Groupon international vice president for Asia Pacific Joel Neoh, said it has raised US$3.25 million in an investment round led by Sequoia Capital.